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John and Merry are married couple filing a joint return and claiming the standard deduction. During 2019, John earned salary of $35,000 at a full-time
John and Merry are married couple filing a joint return and claiming the standard deduction. During 2019, John earned salary of $35,000 at a full-time job and Merry earned salary of $2,500 at a part-time job. So that both spouses could work, the couple paid a total of $6,500 to a day care facility to care for their dependent child, Smith, who was age 3 at the end of the year. Determine the amount of the Child and Dependent Care Credit to which the couple is entitled for the year.
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